Geopolitics Alpha

US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce

Published . Updated .

US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce KVIA

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • AAPL Apple

    Sales and supply chains are exposed to a new tariff

  • NKE Nike

    Sales and supply chains are exposed to a new tariff

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD-1.41%+0.15%—+0.71%+2.85%+2.01%+3.39%
AAPL-0.75%-0.57%—-0.32%+0.11%-0.01%-0.27%
NKE———————
ITA+0.31%+0.90%—+1.27%+2.38%+1.65%+1.33%
BA+1.71%+2.67%—+2.25%+2.97%+3.68%+3.40%
LHX———————
HII+0.22%-0.16%—+1.07%+2.71%+1.92%+3.58%

US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce Local News 8

Source: Local News 8

How far IShares U.S. Aerospace & Defense ETF (ITA) has moved since 13 Oct 2026

Since the first closing price after “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce,” IShares U.S. Aerospace & Defense ETF (ITA) is +1.63%. The S&P 500 fund (SPY) is -0.40% over the same days, a +2.03% difference versus the market. industrial stocks (XLI) is -0.20%, a +1.83% difference versus that group of stocks.

CompanyWhenMoveStatus
AAPLthat day-0.32%final price
AAPLthe next day+0.11%final price
AAPLtwo days later-0.01%final price
AAPLthree days later-0.27%still updating
AAPLthree days earlier-0.57%final price
AAPLfive days earlier-0.75%final price
BAthat day+2.25%final price
BAthe next day+2.97%final price
BAtwo days later+3.68%final price
BAthree days later+3.40%still updating
BAthree days earlier+2.67%final price
BAfive days earlier+1.71%final price
GDthat day+0.71%final price
GDthe next day+2.85%final price
GDtwo days later+2.01%final price
GDthree days later+3.39%still updating
GDthree days earlier+0.15%final price
GDfive days earlier-1.41%final price
HIIthat day+1.07%final price
HIIthe next day+2.71%final price
HIItwo days later+1.92%final price
HIIthree days later+3.58%still updating
HIIthree days earlier-0.16%final price
HIIfive days earlier+0.22%final price
IShares U.S. Aerospace & Defense ETF (ITA)that day+1.27%final price
IShares U.S. Aerospace & Defense ETF (ITA)the next day+2.38%final price
IShares U.S. Aerospace & Defense ETF (ITA)two days later+1.65%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days later+1.33%still updating
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier+0.90%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier+0.31%final price
ITA
SPY
XLI

Companies in defense around IShares U.S. Aerospace & Defense ETF (ITA)

Companies carried with this story

  • ITA IShares U.S. Aerospace & Defense ETF

    In “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia

  • XAR Spdr Series Trust

    Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce.” Reason on file: Material security escalation can alter defense demand expectations and risk premia

  • EWC Ishares Msci Canada Etf

    In “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: GA selected EWC as a RELATED security because its canonical security name directly matches this event's themes: canada. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PPA Invesco Aerospace & Defense Etf

    Invesco Aerospace & Defense Etf (PPA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce.” Reason on file: GA selected PPA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • WAR U.S. Global Technology And Aerospace & Defense Etf

    For “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce,” U.S. Global Technology And Aerospace & Defense Etf (WAR) is linked, with no stored direction, medium confidence. Reason on file: GA selected WAR as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GLD Spdr Gold Trust

    For “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can affect safe-haven and macro-risk proxies; this is a monitoring relationship, not a directional prediction

  • TLT Ishares Tr

    For “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can affect safe-haven and macro-risk proxies; this is a monitoring relationship, not a directional prediction

  • UUP Invesco DB US Dollar Index Bullish Fund

    Invesco DB US Dollar Index Bullish Fund (UUP) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce.” Reason on file: Material security escalation can affect safe-haven and macro-risk proxies; this is a monitoring relationship, not a directional prediction

How defense news reaches IShares U.S. Aerospace & Defense ETF (ITA)

The 13 Oct 2026 story “US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce” names IShares U.S. Aerospace & Defense ETF (ITA) because of Defense.

What ties IShares U.S. Aerospace & Defense ETF (ITA) to the headline is this: Material security escalation can alter defense demand expectations and risk premia

A second company, Spdr Series Trust (XAR), is listed for a different reason: Material security escalation can alter defense demand expectations and risk premia

Dates in the story, and the IShares U.S. Aerospace & Defense ETF (ITA) price range

EWC traded between 57.74 and 61.04 across 20 sessions. The latest close on file is 60.28. ITA traded between 201.08 and 217.79 across 20 sessions. The latest close on file is 207.60. XAR traded between 216.28 and 245.40 across 20 sessions. The latest close on file is 223.20.

A simple score for IShares U.S. Aerospace & Defense ETF (ITA)

100 out of 100Price not final

“US-Canada trade war: How Canada’s retaliatory tariffs affect e-commerce” scores 100 out of 100. The score uses 12 sources, and 8 linked companies. The price is not final yet.